Pi Pension Trustees was established in 2001 and is based in Wimbledon, London, SW19. We provide professional independent trustee services to UK-based pension schemes. We work with defined benefit and defined contribution schemes, deliver robust governance oversight for all aspects of pension scheme management and provide specialist technical input where necessary. Our pension trustees can also provide support to Charity and Non-Pension Trusteeships, as well as interim pension trustee appointments to trustee boards to assist with particularly challenging negotiations, corporate restructures or to manage conflicts of interest.
As well as acting as Chair, or as co-trustees, we also act on a sole trustee basis to both defined benefit and defined contribution schemes.
In 2016, the Pi Partnership Group acquired a portfolio of clients from the independent trustee company Temple Trustees Ltd in the South West and in December 2018 we acquired Midlands based Fairfield Pension Trustees. These acquisitions complemented our existing Pi Pension Trustees clients, increased our geographical coverage and demonstrated our continuing commitment to the independent trustee market.
Pi Pension Trustees’ operations are controlled by a governance process structured within a quality control framework, and subject to independent audit as part of our AAF02/07 requirements.
This ensures we maintain the highest standards of professionalism in all our trustee appointments. At Pi Pension Trustees, we believe that a strong governance and control framework is essential to delivering the highest quality service. This includes not just excellence in pension technical knowledge but also a practical and commercial application of such knowledge. Our previous work with the Pensions Regulator has demonstrated our ability to deal with a range of complex and unusual situations. This pragmatic application of knowledge can support both employers and trustee boards through myriad scenarios, giving them and their scheme members confidence that their pension schemes are being well managed.
Our culture seeks to celebrate positive results for our clients and to learn from experience. Our independent trustees include business people, accountants, actuaries and lawyers. This enables us to supply the independent trustee support your pension scheme requires. All of our trustees are supported by our training programme and subject to peer review.
To enquire about further information on the pension trustee services and consultancy we offer please get in touch today.
Meet some of the faces behind our company
Paul has worked in the pensions industry for over 30 years, as well as being a qualified actuary he holds the ‘Award in Pension Trusteeship’. Since 2017 he has acted as a professional independent trustee and has experience as both Chair and as a co-trustee. Prior to moving into trusteeship in 2017, he was an investment partner with LCP, where he provided investment consulting advice to clients. This included the development of a range of investment strategies for both DC and DB arrangements covering the design of default funds and journey planning, aiming for self-sufficiency or buy-out.
His specialist investment knowledge and actuarial background combined with his experience as a professional trustee enables him to add significant value to the operation of a trustee board. He can help in supporting trustees through complex investment strategies, challenge advisers constructively and help agree on suitable funding objectives for the pension scheme.
Since joining Pi in 2001, Gill has been central to Pi’ s successful operation and growth. Formerly Managing Director, Gill now acts as Company Secretary to the Pi Partnership Board as well as overseeing all of Pi’s compliance procedures. She is a member of the GDPR response team and in her role as Compliance Officer, she is part of the Governance & Compliance Committee (GCC). The GCC reports to the Pi Trustee Board and is instrumental to the oversight and management of our Sole Trustee appointments. Gill is responsible for the delivery of our AAF 02/07 reporting and checking our internal processes meet all required standards – ensuring we deliver the very highest standard of service to our clients is central to her approach to compliance management.
Jenny graduated from Oxford University in 2001 with an MA in Mathematics and qualified as an Actuary in 2008. After 7 years as a Scheme Actuary working across a wide range of schemes and becoming involved in a number of complex funding negotiations and corporate restructures Jenny joined Mathieson Consulting Limited, the pensions on divorce specialists. Where her actuarial background enabled her to act as an expert witness to a wide range of cases.
Since 2016 Jenny has focused on providing Independent Trustee cases and is frequently appointed as a Sole Trustee where her technical background and collaborative manner delivers pragmatic and cost-effective scheme management.
As well as being a member of the Institute and Faculty of Actuaries, Jenny also holds the Award in Pension Trusteeship from the Pension Management Institute. And is a member of the Association of Professional Pension Trustees.
Sarah graduated from Oxford University in 2007 with a Master’s in Mathematics and qualified as an Actuary in 2011. Sarah now focuses on providing Independent Trustee services and acts as Trustee on several Defined Benefit and Defined Contribution schemes. Her combination of technical knowledge with a clear and concise manner adds value to a trustee board. She is frequently appointed as a sole trustee and has extensive experience in streamlined scheme management and working closely with the employer in this role. She has also developed member engagement programmes for Defined Contribution schemes, including holding Q & A sessions with the membership and increasing the visibility of the trustee role.
As well as being a member of the Institute and Faculty of Actuaries, Sarah Marshall is an Accredited Trustee through the Association of Professional Pension Trustees where she was previously a council member with responsibility for finance.
Nigel has worked in occupational pensions for over 40 years and for more than 25 years has been a professional trustee, either as a main board member, Chair, or as Sole Trustee. His appointments have also included specialist interim appointments to manage complex negotiations and mitigate existing conflicts of interest.
His experience ranges from ensuring a trustee board meets the necessary compliance requirements through to highly imaginative and creative problem-solving. He has also chaired schemes through buy-out and winding-up processes. His clients have been in the commercial, charity and public sector, so he is used to working with a range of employers and understands their commercial pressures.
Nigel is a Council Member of the Association of Professional Pension Trustees and Chair of their Sole Trustee sub-committee. He also holds the Award in Pension Trusteeship from the Pension Management Institute.
Chris has extensive knowledge of occupational pension schemes with over 15 years of experience in the pensions industry. He provides support to a range of trustee boards including, governance and member engagement programmes. Prior to joining Pi Partnership in 2018, he was secretary to the Trustees at UK Power Networks for four years, where he provided secretarial support to the Company’s two defined benefit pension schemes.
Chris Baker’s background is in benefits administration and he is now an Accredited Trustee through the Association of Professional Pension Trustees. As well as working closely on more complex pension schemes with independent trustees, he also acts as a Shadow Trustee and as Chair of an administration sub-committee.
Sarah has acted as an independent trustee for over 20 years where her highly collaborative and pragmatic approach has made her a highly valued Chair of Trustees to a number of pension arrangements. She has expertise with DB, DC, and Death in Service schemes and has acted either as Chair or Sole trustee to over 60 schemes in her time as pension scheme trustee.
Sarah graduated in law from Cambridge University before qualifying as a solicitor. Initially engaged as a corporate lawyer, Sarah later specialised in pensions and trusteeship. This included developing an independent pension scheme trustee practice, most recently through the associated corporate trustee practice owned by Burges Salmon LLP. As well as acting as an independent trustee Sarah has also been involved with specialist trustee training and board effectiveness reviews. Until ceasing to practice as a solicitor in early 2016, she was a full member of the Association of Pensions Lawyers.
Roger is Head of Trusteeship at Pi Trustees and has over thirty five years’ experience in the benefits industry, initially at large consultancies such as Towers Perrin (now Towers Watson) and Mercer. He has also undertaken a number of lengthy interim pension manager assignments.
Roger now acts as Independent Chair to a number of trustee boards and also provides additional support on an interim basis where trustee boards are facing particular challenges. His expertise includes helping address conflicts of interest, dealing with the impact of mergers and acquisitions, and managing complex valuations.
His keen commercial awareness enables him to deliver a pragmatic, proportionate, and disciplined approach to all his professional, independent trustee appointments.
Roger is a Fellow of the Pensions Management Institute (PMI) and is on the committee of the PMI Trustee Group and a regular speaker at PMI seminars.
Lynn is an experienced pension professional, having spent thirty years’ in the pensions industry. Lynn has worked with several large UK consultancies, most recently being a Scheme Actuary with Aon Hewitt. She has supported trustee boards through significant events such as funding negotiations, implementation of LDI strategies, scheme mergers, corporate transactions, buyout of scheme liabilities, and insolvency situations.
Since 2010, Lynn has focused on her role as an independent trustee and specialises in working with schemes where her pragmatic and proportionate approach can help ensure efficient management of trustee business. She has also managed complex projects including assessment for Pension Protection Fund entry and the design and implementation of a trust-based defined contribution arrangement.
Lynn is a Fellow of the Institute and Faculty of Actuaries.
One of the founders of Pi Partnership, John now focuses on providing independent trusteeship. A key part of John’s role as a trustee is providing strategic guidance and professional leadership to trustee bodies as Chair of Trustees. His strategic focus and experience of the trustee role enables him to provide clear leadership on complex issues and manage advisers appropriately.
John specialises in working with pension schemes faced with complex issues, such as sensitive funding discussions and employer covenant considerations. He has been involved in a number of cases that have combined implications of substantial pension deficit for the employer and reaching a compromise agreement – coupled with high and low-level interest by The Pensions Regulator.
He is a member of the Chartered Insurance Institute and holds the Award in Pension Trusteeship.
Skip has been a trustee for over 20 years and as an independent trustee for over 8 years. His appointments include Independent Chair of Trustees for the Bank of America UK scheme (DB and DC), Trustee Director of the Bank of America Merrill Lynch UK scheme and Board Director of the London Pension Fund Authority (LPFA), which delivers local government pension scheme (LGPS) administration services and manages assets on behalf of Greater London Authority (GLA) and some 230 other employers.
As well as having extensive experience of working with DB pension schemes, Skip is Chair of Trustees for one of the largest DC pension schemes in the UK and is at the forefront of developments in DC governance standards, member communication, and investment design. His expertise in this area has been recognised by the investment strategy of the year awards from ‘Engaged Investor’. Skip has a background in finance and brings a robust risk analysis to trustee boards. He holds the Award in Pension Trusteeship.
Angela has over thirty years’ experience in scheme management. Before joining Pi Consulting in 2009, as a Group Manager within Mercer she had reporting responsibilities for 4 administration team leaders and up to 40 staff and was also a member of their “Best Practice Group”.
Since joining Pi, she has been involved in a variety of project-based appointments, including some emergency appointments where she has dealt with complex issues concerning property holdings, non-regulated investments, and some highly litigious situations. Her project management skills are essential in ensuring the best possible outcomes as efficiently as possible.
Angela is a specialist in scheme buy-in, buyout, and wind-up. She has been involved in all aspects of scheme wind-up for both defined benefits and defined contribution schemes. Her practical approach includes strong budget and time management. She was a member of one of the Government’s “Speeding up Process” working parties and is a Fellow of the Pensions Management Institute.
Before joining Pi, Andrew was a partner with Grant Thornton for twenty five years, acting as an Insolvency practitioner. During his last seven years, Andrew led their development of a covenant service for employers and trustees and was involved with a number of high profile situations, including multi-national employers with substantial schemes. His role also led to him advising The Pensions Regulator, in relation to Scheme Specific Funding, and the Pension Protection Fund, in relation to scheme compromises.
His work as a covenant adviser means he is well placed as an independent trustee to be able to distill covenant requirements and ascertain the key issues which need to be addressed. He has been involved in advising a number of international employer groups and is familiar with the challenges that these situations present, including understanding and acting in pursuing Financial Support Directions and Contribution Notices.
Amanda is a Board Director of Pi Partnership Group and Head of Business Development for both Pi Consulting and Pi Pension Trustees. She is the Director with responsibility for GDPR and works closely with the Pi compliance team.
Amanda has over twenty five years’ experience in the pensions industry and, as well as ensuring Pi’s services continue to meet the needs of our clients in a rapidly changing pension landscape, is also a member of the Executive Management Team. Amanda provides specialist project management for clients on a range of services, including adviser selection and review, governance and transition management, master trust due diligence, and review process.
As well as being a Fellow of the Pensions Management Institute (PMI) and Chair of the PMI London Group, Amanda holds PMI certificates in Pensions Automatic Enrolment and DC Governance and was a past Prince2 practitioner.